Article Archive

Will the production of wood pellets be stopped in Russia due to sanctions?

    Starting July 10, the Russian wood pellet exports to Europe will be completely stopped. From this [...]

Bergs Timber to acquire Polish windows and doors manufacturer Pinus

Bergs Timber AB acquired 100% of the shares in Pinus, Polish windows and doors manufacturer. The sellers is the founders [...]

North American softwood lumber prices start to rise again

     North American softwood lumber prices surged more than 7% on Thursday as mortgage rates fell for [...]

Because of sanctions against Russia, firewood is becoming a new energy source for European countries

    The surge in gas and electricity prices has sparked interest in Europe for a long-forgotten [...]

European buyers showing more interest in African timbers

Producers in the Central/West African region are reporting firm demand for padouk, okoume, ovangkol and even gheombi, a timber [...]

North American wood products makers downgraded on lower housing demand, falling lumber prices

Shares of Boise Cascade Co. (BCC) tumbled 10.9% toward and eight-month low, and of Louisiana-Pacific Corp. (LPX [...]

Moelven is investing in a pellet factory in Karlskoga

The pellet factory is planned to be put into operation in 2024 and will be built at Moelven Valåsen [...]

Rising costs cast doubt on Vietnamese wood companies growth prospects

As wood export turnover is rebounding with rising demand in the domestic market, the revenues of Vietnamese wood enterprises are [...]

Acquisition of Russia’s RFP Group by Japanese holding unclear

Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60 billion yen ($525 million) at [...]

UFP Industries acquires 50% stake in Dempsey Wood Products, LLC

    UFP Industries (UFPI) announced that its affiliate, PalletOne, Inc., has acquired a 50% equity stake in [...]